ServiceNow Q1 FY26: where the revenue came from and where it went
The whole income statement of ServiceNow for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jan 1 – Mar 31, 2026
- Reported
- Apr 23, 2026
Revenue$3.77B
+22% year over year
Gross profit$2.83B
75% margin
Operating profit$0.50B
13% margin
Net profit$0.47B
12% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 3.77 | 100% | +22% |
| License & service | 3.67 | 97% | +22% |
| Technology service | 0.10 | 3% | +19% |
| Cost of revenue | −0.94 | 25% | |
| Gross profit | 2.83 | 75% margin | −4pp |
| R&D | −0.82 | 22% | −1pp |
| Sales & marketing | −1.22 | 32% | −2pp |
| G&A | −0.29 | 8% | +0pp |
| Operating profit | 0.50 | 13% margin | −1pp |
| Other income, net | 0.17 | ||
| Tax | −0.20 | ||
| Net profit | 0.47 | 12% margin | −2pp |
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